Kiwanis Foundation Of Port Clinton
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 23,613 | 38,772 | −15,159 | 51.8 | — |
| 2022 | 15,739 | 11,111 | 4,628 | 173.1 | — |
| 2023 | 18,701 | 7,819 | 10,882 | 266.2 | — |
In its most recent public year (2023), this organization brought in $10,882 more than it spent. Its reserves stood at about 266.2 months of spending, up from 51.8 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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